Dollar opens the week generally higher, as supported by comments from former Fed chair Janet Yellen. Though, at this point, Yen mildly stronger while Swiss Franc is also firm. The triple argues that there is some underlying cautiousness in investor sentiments, despite solid Q4 China data. That's also reflected in the general weakness in commodity currencies and Sterling. Technically, EUR/USD is pressing key near term support zone at 1.2058 at this point. We'd expect strong support from the current level to bring rebound. But sustained break there could bring deeper decline to channel support at 1.1920 at least. At the same time, we'd continue to monitor EUR/GBP's reaction to 0.8861 key support level. Sustained break there could intensify Euro's overall selloff. In Asia, Nikkei closed down -0.97%. Hong Kong HSI is up 0.78%. China Shanghai SSE is up 0.81%. Singapore Strait Times is down -0.59%. Japan 10-year JGB yield is up 0.0156 at 0.052. | 